XRP slips below its bullish channel | Credit: Hameem Sarwar
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Key Takeaways
XRP flipped bearish after breaking its ascending channel.
On-chain activity has dropped as the price still lags demand.
Losing $2 support risks $1.77, but breakout targets $2.65.
XRP, now ranked the fourth most valuable crypto in terms of market cap, dropped by 18% over November.
The price decline revived harsh memories of past downturns. In fact, the key support level vanished as fear in the market returned.
Now, with a new month here, can December 2025 bring about a rebound?
XRP Flips Bearish
On the 4-hour chart, XRP’s price traded inside an ascending channel for several days.
However, last week, the price lost momentum. As the new month began, XRP broke below the channel’s ascending support line.
This shift signals weakening bullish pressure.
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At the same time, the Supertrend indicator has flipped bearish. The red trend line now sits above XRP’s current value.
As a result, sellers have the advantage. As a result, XRP’s price faces an increased risk of slipping below the crucial $2 support level.
If that level fails, downside pressure could intensify quickly.
Furthermore, the Bull Bear Power (BBP) has moved into negative territory. This change shows that bearish strength now outweighs bullish momentum.
In addition, the negative BBP often confirms ongoing downward trends. Therefore, traders may experience increased volatility as sellers attempt to drive the price lower.
Thus, the convergence also indicates that the price has not yet caught up with the network’s strength. As a result, XRP’s price may be poised for another decline in December.
XRP Price Analysis: $2 Under Attack
Examining the daily chart, XRP’s price remains confined within a descending channel.
This pattern reflects sustained bearish pressure. Each rally attempt has met resistance at the channel’s upper boundary.
As a result, sellers continue to control the trend.
Meanwhile, the Awesome Oscillator (AO) has slipped into the negative region.
This shift confirms weakening momentum. It also shows that bearish forces are growing stronger.
With momentum fading, XRP may struggle to stage a meaningful rebound. At the same time, the Chaikin Money Flow (CMF) has also turned negative.
This signals declining capital inflows and increased selling activity.
If the CMF stays below zero, selling pressure may intensify. Consequently, XRP’s price could extend its decline toward the $1.77 support level.
Disclaimer:
The information provided in this article is for informational purposes only. It is not intended to be, nor should it be construed as, financial advice. We do not make any warranties regarding the completeness, reliability, or accuracy of this information. All investments involve risk, and past performance does not guarantee future results. We recommend consulting a financial advisor before making any investment decisions.
Victor Olanrewaju is a crypto analyst and reporter at CCN with deep roots in on-chain research and technical analysis. His crypto journey began in 2017, but it was the 2020 Uniswap airdrop that sparked a full-time pivot into the space.
With a foundation in copywriting, Victor honed his craft creating high-converting content for leading crypto brokers — most notably an XRP price prediction that ranked #1 on Google during the 2021 bull run.
He later joined AMBCrypto in 2022, where he combined storytelling with technical and on-chain analysis to cover key market narratives.
In 2024, he expanded his expertise at BeInCrypto, collaborating with analysts and using tools like Glassnode, Santiment, and IntoTheBlock to break down Bitcoin and altcoin trends.
At CCN, Victor covers the top cryptocurrencies, memecoins, macro shifts, blending real-time insights with deep-dive metrics.
He holds a Bachelor’s degree in Physics from the University of Ibadan, equipping him to simplify complex data for a wide audience. Follow his work or connect on LinkedIn or X.
